Prembly and Peleza Announce Merger to Form Prembly Group

Prembly Peleza merger Prembly Group: A leading KYC/KYB solution provider for identity verification and document verification, Prembly, has entered a strategic partnership with Kenyan identity management firm Peleza, to form Prembly Group. 

The strategic alliance aims to leverage synergies to enhance service delivery across multiple sectors, including finance, telecommunications, e-commerce and more.

Prembly Peleza Merger Prembly Group

The merger is expected to streamline digital solutions for emerging companies and some governments in Africa, helping them navigate local markets and overcome adoption challenges. 

Founded in 2021, Prembly has quickly become a key player in the digital security and infrastructure space, serving enterprises and global companies by helping them expand into emerging markets and positioning the continent as the next hub for growth. 

Kenya’s Peleza, on the other hand, has developed AI-powered solutions that offer KYC, KYB, and background checks solutions for instant and seamless identity verification, background checks, and business onboarding to the entire client lifecycle and user-based management.

The merger of the two companies, the partners said, made the new combined entity the most robust data infrastructure and compliance solutions company serving emerging markets.

The Companies Speaks On The Alliance

Marita Mutemi, founder of Peleza and the newly appointed CFO of Prembly Group expressed his delight with the partnership.

He said, “This merger is a natural extension of our longstanding partnership. By combining our expertise and resources, we are well-positioned to expand our service offerings and reach a wider customer base.”

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Lanre Ogungbe, founder and CEO of Prembly said, “The merger with Peleza deepens our industry knowledge and elevates our strengths and technologies, empowering us to exceed our clients’ expectations worldwide.”

“We are also very excited to have Marita, with over 15 years of experience, join our leadership team at the newly formed Prembly Group to drive innovation and enhance our strategic initiatives.”

Prembly Peleza Merger Prembly Group To Create More Opportunies

Note that this strategic partnership between Prembly and Peleza will create a combined team with over 100 employees and operational offices in Uganda, Kenya, Nigeria, and the US. This ensures the expansion of products and footprint globally.

This partnership marks a significant development in the African tech scene. It also signals a growing trend of consolidation and collaboration among startups.

Especially startups seeking to scale their operations and expand their reach across the continent.